LOGI GROUP: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
LOGI GROUP
NACE 46.820, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€907,715
2024 · €1.4m-€2.3m
Equity
€4.6m
2024 · €6.4m-€1.8m
Cash
€649,151
2024 · €574,833+€74,317
Balance sheet total
€7.3m
2024 · €10.2m-€2.9m
Largest movements
Assets
- Receivables within one year -€5.1m
down €5.1m (-66.0%), from €7.8m to €2.6m
of which Trade receivables: -€6.3m
- Current investments +€1.9m
up €1.9m (+112%), from €1.7m to €3.6m
- Stocks and contracts +€267,078
up €267,078 (+765%), from €34,908 to €301,985
Equity and liabilities
- Profit (loss) carried forward -€1.8m
down €1.8m (-43.1%), from €4.2m to €2.4m
- Other debts -€408,439
down €408,439 (-30.9%), from €1.3m to €913,324
- Trade debts -€339,552
down €339,552 (-34.9%), from €972,426 to €632,874
- Accrued charges and deferred income -€276,685
down €276,685 (-80.8%), from €342,379 to €65,694
- Short-term financial debts -€153,015
down €153,015 (-15.2%), from €1.0m to €851,985
Income statement
- Turnover -€9.5m
down €9.5m (-84.3%), from €11.2m to €1.8m
- Goods and materials -€5.9m
down €5.9m (-80.4%), from €7.3m to €1.4m
of which Purchases: -€5.4m
- Other operating charges -€1.9m
down €1.9m (-99.9%), from €1.9m to €2,264
- Other operating income -€1.6m
down €1.6m (-97.1%), from €1.6m to €47,743
- Services and other goods -€811,382
down €811,382 (-50.6%), from €1.6m to €793,696
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€1.4m
Turnover
-€9.5m
Other operating income
-€1.6m
Goods and materials
+€5.9m
Services and other goods
+€811,382
Staff costs
-€78,316
Depreciation
-€4,296
Write-downs
-€268,241
Provisions
-€123,861
Other operating charges
+€1.9m
Financial income
+€115,520
Financial charges
+€50,354
Taxes
+€465,782
Result 2025
-€907,715
raises the resultlowers the result
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€3.1m
Investment
-€1.9m
Financing
-€1.1m
Cash 2024
€574,833
From operations (derived)
+€3.1m
Net result for the year
-€907,715
Depreciation
+€13,700
Stocks and contracts
-€267,078
Receivables within one year
+€5.1m
Smaller working-capital items
-€1,792
Provisions
+€123,861
Trade debts
-€339,552
Other debts
-€408,439
Accrued charges and deferred income
-€276,685
Investment (derived)
-€1.9m
Investment in fixed assets (net)
-€25,000
Current investments
-€1.9m
Financing
-€1.1m
Short-term financial debts
-€153,015
Contributions, distributions and other
-€902,553
Cash 2025
€649,151
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,214,025 | €7,348,735 | -€2.9m | -28.1% |
| Fixed assets | 21/28 | €135,537 | €146,837 | +€11,300 | +8.3% |
| Tangible fixed assets | 22/27 | €134,937 | €121,237 | -€13,700 | -10.2% |
| Plant, machinery and equipment | 23 | €15,101 | €13,926 | -€1,175 | -7.8% |
| Furniture and vehicles | 24 | €50,708 | €38,183 | -€12,525 | -24.7% |
| Other tangible fixed assets | 26 | €69,127 | €69,127 | = | 0.0% |
| Financial fixed assets | 28 | €600 | €25,600 | +€25,000 | +4,167% |
| Affiliated companies | 280/1 | €0 | - | = | |
| Companies linked by participating interests | 282/3 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €600 | €25,600 | +€25,000 | +4,167% |
| Shares | 284 | - | €25,000 | +€25,000 | |
| Amounts receivable and cash guarantees | 285/8 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €10,078,488 | €7,201,898 | -€2.9m | -28.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €34,908 | €301,985 | +€267,078 | +765% |
| Stocks | 30/36 | €34,908 | €301,985 | +€267,078 | +765% |
| Goods purchased for resale | 34 | - | €301,985 | +€301,985 | |
| Advance payments | 36 | €34,908 | - | -€34,908 | |
| Amounts receivable within one year | 40/41 | €7,759,916 | €2,641,330 | -€5.1m | -66.0% |
| Trade receivables | 40 | €7,588,320 | €1,257,426 | -€6.3m | -83.4% |
| Other amounts receivable | 41 | €171,596 | €1,383,904 | +€1.2m | +706% |
| Current investments | 50/53 | €1,700,000 | €3,600,000 | +€1.9m | +112% |
| Other investments | 51/53 | €1,700,000 | €3,600,000 | +€1.9m | +112% |
| Cash at bank and in hand | 54/58 | €574,833 | €649,151 | +€74,317 | +12.9% |
| Deferred charges and accrued income | 490/1 | €8,832 | €9,432 | +€601 | +6.8% |
| Total equity and liabilities | 10/49 | €10,214,025 | €7,348,735 | -€2.9m | -28.1% |
| Equity | 10/15 | €6,448,864 | €4,638,596 | -€1.8m | -28.1% |
| Contributions | 10/11 | €1,198,000 | €1,198,000 | = | 0.0% |
| Capital | 10 | €1,198,000 | €1,198,000 | = | 0.0% |
| Issued capital | 100 | €1,248,000 | €1,248,000 | = | 0.0% |
| Uncalled capital | 101 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,047,800 | €1,047,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €124,800 | €124,800 | = | 0.0% |
| Legal reserve | 130 | €124,800 | €124,800 | = | 0.0% |
| Distributable reserves | 133 | €923,000 | €923,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,203,064 | €2,392,796 | -€1.8m | -43.1% |
| Provisions and deferred taxes | 16 | €108,963 | €232,824 | +€123,861 | +114% |
| Provisions for liabilities and charges | 160/5 | €108,963 | €232,824 | +€123,861 | +114% |
| Other liabilities and charges | 164/5 | €108,963 | €232,824 | +€123,861 | +114% |
| Amounts payable | 17/49 | €3,656,198 | €2,477,316 | -€1.2m | -32.2% |
| Amounts payable within one year | 42/48 | €3,313,819 | €2,411,622 | -€902,197 | -27.2% |
| Financial debts | 43 | €1,005,000 | €851,985 | -€153,015 | -15.2% |
| Other loans | 439 | €1,005,000 | €851,985 | -€153,015 | -15.2% |
| Trade debts | 44 | €972,426 | €632,874 | -€339,552 | -34.9% |
| Suppliers | 440/4 | €972,426 | €632,874 | -€339,552 | -34.9% |
| Taxes, remuneration and social security | 45 | €14,630 | €13,439 | -€1,191 | -8.1% |
| Taxes | 450/3 | - | €5,033 | +€5,033 | |
| Remuneration and social security | 454/9 | €14,630 | €8,406 | -€6,224 | -42.5% |
| Other amounts payable | 47/48 | €1,321,763 | €913,324 | -€408,439 | -30.9% |
| Accrued charges and deferred income | 492/3 | €342,379 | €65,694 | -€276,685 | -80.8% |
| Operating income | 70/76A | €12,825,222 | €1,801,832 | -€11.0m | -86.0% |
| Turnover | 70 | €11,206,405 | €1,754,090 | -€9.5m | -84.3% |
| Other operating income | 74 | €1,618,817 | €47,743 | -€1.6m | -97.1% |
| Operating charges | 60/66A | €10,671,350 | €2,562,321 | -€8.1m | -76.0% |
| Goods for resale, raw materials and consumables | 60 | €7,316,172 | €1,433,353 | -€5.9m | -80.4% |
| Purchases | 600/8 | €7,136,653 | €1,735,338 | -€5.4m | -75.7% |
| Change in stocks: decrease (increase) | 609 | €179,519 | -€301,985 | -€481,504 | |
| Services and other goods | 61 | €1,605,078 | €793,696 | -€811,382 | -50.6% |
| Remuneration, social security and pensions | 62 | €132,300 | €210,616 | +€78,316 | +59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,404 | €13,700 | +€4,296 | +45.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€283,410 | -€15,169 | +€268,241 | +94.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €123,861 | +€123,861 | |
| Other operating charges | 640/8 | €1,891,807 | €2,264 | -€1.9m | -99.9% |
| Operating profit (loss) | 9901 | €2,153,871 | -€760,489 | -€2.9m | |
| Financial income | 75/76B | €282,312 | €397,832 | +€115,520 | +40.9% |
| Recurring financial income | 75 | €282,312 | €397,832 | +€115,520 | +40.9% |
| Income from current assets | 751 | €232,276 | €394,325 | +€162,049 | +69.8% |
| Other financial income | 752/9 | €50,036 | €3,507 | -€46,529 | -93.0% |
| Financial charges | 65/66B | €577,184 | €526,830 | -€50,354 | -8.7% |
| Recurring financial charges | 65 | €577,184 | €511,662 | -€65,523 | -11.4% |
| Debt charges | 650 | €115,538 | €116,097 | +€559 | +0.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | -€69,901 | -€69,901 | |
| Other financial charges | 652/9 | €461,646 | €465,466 | +€3,820 | +0.8% |
| Non-recurring financial charges | 66B | - | €15,169 | +€15,169 | |
| Profit (loss) for the period before taxes | 9903 | €1,858,999 | -€889,487 | -€2.7m | |
| Income taxes | 67/77 | €484,011 | €18,228 | -€465,782 | -96.2% |
| Taxes | 670/3 | €484,011 | €18,228 | -€465,782 | -96.2% |
| Profit (loss) for the period | 9904 | €1,374,988 | -€907,715 | -€2.3m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,374,988 | -€907,715 | -€2.3m |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.